Fantastic result turning from loss to a significant profit after dividend distribution (over 5% yield).
What gets me is how much under radar is this company at present. Unfortunately Australian investors still have little understanding of effectiveness and economy of solar energy production. Considering the availability of sun energy in Australia it is like neglecting money laying on a street.
Good indicator of SP value of this kind of companies is NAV per share which usually should be slightly above the SP. According to the report: ' net asset value (NAV) as at 30 June 2018 was $1.53 per Stapled Security'. The company also had number of projects under development which will start delivering revenue in near term
- Forums
- ASX - By Stock
- NEW
- Ann: Half Yearly Report and Accounts
Ann: Half Yearly Report and Accounts, page-2
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)